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QUESTION 1 1. Kinder Chocolat Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $3.05 per share. If the
QUESTION 1 1. Kinder Chocolat Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $3.05 per share. If the required return on this preferred stock is 2.25%, at what price should the stock sell? Question 7 Nussenberg Corporation's stock just paid a dividend of $2.25 a share (i.e., Do = $2.25). The dividend is expected to grow at a constant rate of 6.5% a year. If its required return, rs, is 8%, what is the stock's current price (PO)? (I know these two are unrelated but this is my last question for the month PLEASE help me)
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